Examlex
All of the following are examples of direct goods in the auto industry except:
Binding Ruling
A final and enforceable decision given by a legal authority, which all involved parties must adhere to.
Contract
A legally enforceable pact made between two or more entities, binding them in agreement.
Punitive Damages
Compensation awarded in a lawsuit that exceeds simple restitution and is intended to punish the defendant for wrongdoing and deter future similar acts.
Arbitrator's Award
The decision or outcome given by an arbitrator, who is a neutral third party, at the conclusion of an arbitration proceeding.
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